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Feb 5, 2013
02/13
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a lot of them voted for a tax increase at the end of 2012. a lot of them are not moving to protect defense cuts right now that are tied to this sequester. there's also a belief within the republican party that you're going to see something happen in regards to immigration. that pillar can be moved out. one thing that's a very strong pillar for house gop is this idea of guns and gun rights. any time you talk about background checks and assault weapons bans and trafficking and everything out there, there is a significant fear amongst republicans that their pillars are eroding, and the gun one is the easiest one for them to hold on to to save them with their base all throughout the country. >> it is a -- this is a conversation really about the future of the republican party, i think, as much as it is about legislation. >> correct. >> luke russert, thank you, as always. we will work on the royalties for the next time. >> take care. >> coming up, the gop's efforts to decide elections by unpopular vote, and the tyranny of the minority. we will look
a lot of them voted for a tax increase at the end of 2012. a lot of them are not moving to protect defense cuts right now that are tied to this sequester. there's also a belief within the republican party that you're going to see something happen in regards to immigration. that pillar can be moved out. one thing that's a very strong pillar for house gop is this idea of guns and gun rights. any time you talk about background checks and assault weapons bans and trafficking and everything out...
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Feb 1, 2013
02/13
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first part of january, felt that money being taken out in greater lumps than the last two years and tax hikes may have depress the consumer confidence. so has the behavior of washington. we've had the debt ceiling suspended, another budget baths to go through. so investors, businessmen and even individual investors and consumers are still somewhat haunted by what's happening in the nation's capital. >> and if we could put the markets gain back up, we had seen it go above 14,000 earlier this morning. it's -- >> right there. >> right there, right now. okay. so this hasn't happened since '07. >> early october, the all-time high, 14,164. standard & poor's, 1465. we're within striking distance of both. and that's a good sign. the stock market is performing well. the bond market is performing as expected, if the economy is recovering and so are other markets. and the indicators i look atom as, actually quite positive. none showing signs of strain, the future economic prospects better than the past. so for now markets are tell us things are all right. that may change sometime in the future but
first part of january, felt that money being taken out in greater lumps than the last two years and tax hikes may have depress the consumer confidence. so has the behavior of washington. we've had the debt ceiling suspended, another budget baths to go through. so investors, businessmen and even individual investors and consumers are still somewhat haunted by what's happening in the nation's capital. >> and if we could put the markets gain back up, we had seen it go above 14,000 earlier...
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Feb 7, 2013
02/13
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can cut out programs that we don't need, but it also means that we've got to be able to close some tax loopholes and deductions that the average american cannot take advantage of, to raise the revenue, to actually do the job in a way that allows us to continue to grow. now, the reason this is relevant is because i gather and i haven't gotten this from first-hand sources, but from second hand sources in the press that our friends on the other side of the aisle, their position is we're concerned about the sequester. we recognize that just cutting the federal spending with the meat ax as opposed to scalpel is probably damaging and will damage our national security and will damage our educational system, will have kids getting kicked off of head start. it will mean people who have disabled kids. they recognize that the sequester is a bad idea, but what they've suggested is that the only way to replace it now is for us to cut social security, cut medicare, and not close a single loophole, not raise any additional revenue from the wealthiest americans or corporations who have a lot of lawyer
can cut out programs that we don't need, but it also means that we've got to be able to close some tax loopholes and deductions that the average american cannot take advantage of, to raise the revenue, to actually do the job in a way that allows us to continue to grow. now, the reason this is relevant is because i gather and i haven't gotten this from first-hand sources, but from second hand sources in the press that our friends on the other side of the aisle, their position is we're concerned...
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Feb 6, 2013
02/13
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now again he wants to raise taxes. i think it's time for us to cut spending. >> now with 1,379 days gone since the last time congress passed a budget and with the country poised to take a poison pill of cuts, what will it take? >> not passing a budget is shameful. and now you have the president saying well, i'm against the sequester cuts. well okay, great. well what are you going to replace them with? >> the republicans have other ideas. put them on the table. let's make a small deal. if we can't get to a big deal, he would like to get to a big deal. and he's invited them over, any time. >> so let's dive in right now. joining me is maryland's democratic congressman chris van holland, ranking member of the senate budget committee. right now house speaker boehner is telling reporters it's time iffer the president as well as senate democrats that they need to do their job to avoid the sequester in itself. what's your take on how this is going to all crack out? is it going to go down to the wire? >> well, thomas, first of
now again he wants to raise taxes. i think it's time for us to cut spending. >> now with 1,379 days gone since the last time congress passed a budget and with the country poised to take a poison pill of cuts, what will it take? >> not passing a budget is shameful. and now you have the president saying well, i'm against the sequester cuts. well okay, great. well what are you going to replace them with? >> the republicans have other ideas. put them on the table. let's make a...
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Feb 7, 2013
02/13
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the values of west virginians, which is earned income tax credit, getting medicare, getting social security benefits, black lung benefits, all those things that are traditional democratic values and programs, those they like. those they do not want to give up. if you give them the ryan budget, they would be very unhappy about that. you confront them with the facts of which parties are offering what, it's still a democratic state and most the local officials are still democratic. it will stay that way. >> senator joe rockefeller, thank you very much. thank you for previewing the hearing for us. >>> up next, blizzard preparations. we'll check in with the weather channel for who is in the line of fire. that coming up next. [ female announcer ] want younger looking eyes that sing wow with olay, here's how. new regenerist eye and lash duo the cream smooths the look of lids... softens the look of lines. the serum instantly thickens the look of lashes. and the award for wow! eyes in just one week goes to you. ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cross ov
the values of west virginians, which is earned income tax credit, getting medicare, getting social security benefits, black lung benefits, all those things that are traditional democratic values and programs, those they like. those they do not want to give up. if you give them the ryan budget, they would be very unhappy about that. you confront them with the facts of which parties are offering what, it's still a democratic state and most the local officials are still democratic. it will stay...
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Feb 2, 2013
02/13
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>> so the answer should be another stimulus package, tax cuts, more government spending? >> there are people who argue that. gwen: there's no political appetite for it. >> it is not going to happen. what kruger is talking about, the president's economist is let's not cuts too fast. the only way we could get anything that resembles stimulus if we got a long-term spending thing but that looks unlikely. >> there was criticism by the republicans this week over the white house's decision to disband -- disband the president's jobs council. what was this and what difference does it make? >> i don't think it makes any difference at all. i love republicans criticizing the president for disbanding something they said didn't do anything in the first place. it seemed like it was an act of political theater that had run its course. the president hadn't met with them over a year. it never had any purpose other than p.r. gwen: now just another blue ribbon commission. >> even worse. >> there was a lot of talk on capitol hill this week about the upcoming budgets cuts and whether or not th
>> so the answer should be another stimulus package, tax cuts, more government spending? >> there are people who argue that. gwen: there's no political appetite for it. >> it is not going to happen. what kruger is talking about, the president's economist is let's not cuts too fast. the only way we could get anything that resembles stimulus if we got a long-term spending thing but that looks unlikely. >> there was criticism by the republicans this week over the white...
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Feb 3, 2013
02/13
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WUSA
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no increases in wages. >> payroll taxes have gone up. >> have tax rates generally gone up? >> only down? >> exports are weak but they have held unreasonableably. >> we are much better off than europe. it is a worldwide slow down, we are actually doing pretty dam well. >> trade balance will be an all time record when the figures come out in february. >> the answer is, it is too close to (woman) 3 days of walking to give a breast cancer survivor a lifetime-- that's definitely a fair trade. whoo! you walk with friends, you meet new friends, and you keep those friendships. it was such a beautiful experience. (woman) ♪ and it's beautiful ♪ undeniable (woman) why walk 60 miles in the boldest breast cancer event in history? because everyone deserves a lifetime. visit the3day.org to register or to request more information today. ♪ burning like a fire ♪ building up from deep inside it was 3 days of pure joy. susan g. komen's investments in early detection and treatment have helped reduce breast cancer mortality in the u.s. by 33% since 1990. help us continue serving the mill
no increases in wages. >> payroll taxes have gone up. >> have tax rates generally gone up? >> only down? >> exports are weak but they have held unreasonableably. >> we are much better off than europe. it is a worldwide slow down, we are actually doing pretty dam well. >> trade balance will be an all time record when the figures come out in february. >> the answer is, it is too close to (woman) 3 days of walking to give a breast cancer survivor a...
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Feb 7, 2013
02/13
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it means that we're going to talk about, yes, deficits and taxes and sequesters and potential government shutdowns and debt ceilings. we'll talk about that stuff. all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher, or a construction worker or a receptionist, that they can make it if they work hard. and that their kids can make it. and dream even bigger dreams than they have achieved. and obviously, a lot of what we'll be working on michellely over the next few weeks is going to be on how do we deal with the sequester issue, and i just want to make this quick point. i had a press conference this week in which i reiterated i am prepared, eager, and anxious to do a big deal, a big package that ends this governance by crisis for every two weeks or every two months or every six months. we are threatening this hard won recovery where finally housing is starting to pick up and commercial real estate is starting to do better and the unemployment numbers are still too high, but we're seeing some job growth and businesses are investi
it means that we're going to talk about, yes, deficits and taxes and sequesters and potential government shutdowns and debt ceilings. we'll talk about that stuff. all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher, or a construction worker or a receptionist, that they can make it if they work hard. and that their kids can make it. and dream even bigger dreams than they have achieved. and obviously, a lot of what we'll be working...
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Feb 2, 2013
02/13
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no increases in wages. >> payroll taxes have gone up. >> have tax rates generally gone up? >> only down? >> exports are weak but they have held unreasonableably. >> we are much better off than europe. it is a worldwide slow down, we are actually doing pretty dam well. >> trade balance will be an all issue two. heat over hagel. commander in chief barack obama has nominated charles chuck hagel for secretary of defense. hagel testified before the senate armed services committed tee this week. is senator john mccain grilling hagel about hagel's opposition to the surge in iraq in 2007. >> were you correct in your judgment. >> i would defer that to history. >> when you were right or wrong about the surge. >> i'll explain why i played those comments. >> i want to know if you were right or wrong. that is a direct question. i expect a direct answer. >> senator hagel explained he opposed the surge in iraq because it cost nearly 1200 american lives. >> i saw the consequences and the suffering and the horror of war. so i did question a surge. i always ask the question, is this going to
no increases in wages. >> payroll taxes have gone up. >> have tax rates generally gone up? >> only down? >> exports are weak but they have held unreasonableably. >> we are much better off than europe. it is a worldwide slow down, we are actually doing pretty dam well. >> trade balance will be an all issue two. heat over hagel. commander in chief barack obama has nominated charles chuck hagel for secretary of defense. hagel testified before the senate armed...
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Feb 9, 2013
02/13
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-- broaden the tax base, lower the tax rate." sounds reasonable? >> it sounds plausible, and to charles it sounds exceptionally reasonable. that is what the intention was. colby put his finger on it -- the alternative was so terrifying that it would force congress to act. in the short run, the political damage it will be to the republicans. they i seem as did so -- they are seen as the obstructionists. but let's be blunt about it -- if this goes on, it will be damaging to the economy and the country and in the long run it will be damaging to any sense of public confidence in government possibility to be a positive force and our lives -- government's ability to be a positive force and our lives. >> according to the congressional budget office, the deficit is shrinking, but it will increase later because of an aging population, expansion of federal subsidies for health insurance, growing interest on the debt. cdo is predicting that by 2023, if current laws remain in place, there will be 77% of gdp and be on an upward path. tell tha
-- broaden the tax base, lower the tax rate." sounds reasonable? >> it sounds plausible, and to charles it sounds exceptionally reasonable. that is what the intention was. colby put his finger on it -- the alternative was so terrifying that it would force congress to act. in the short run, the political damage it will be to the republicans. they i seem as did so -- they are seen as the obstructionists. but let's be blunt about it -- if this goes on, it will be damaging to the economy...
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Feb 9, 2013
02/13
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so in basically what's happened as of now, the tax preparer is no longer need to obtain a tax i.d. number, pass qualifying exams and don't have to complete these yearly education requirements. however, all of the taxpayers can still volunteer to do all of the above. that is who you want to go to. >> they still are to get that tax i.d. number, but they don't have to meet education requirements. they don't have a pass a competency test. these are nonprofessionals. so we're not talking about cpa's, tax attorneys, registered agents with the irs. these are nonprofessionals. the mom and pop operations, the local guys, by the way, they usually do a pretty good job. usually at a much fairer price than a cpa firm or one of these national firms. we don't want to paint everybody with the same brush. you just want to make sure they're qualified. they have a history of doing this. good record with the better business bureau. doesn't hurt if they get recommended by an attorney or financial advisor. got to go with your eyes open. >> arthel: go with your eyes open. >> remember, you sign that retur
so in basically what's happened as of now, the tax preparer is no longer need to obtain a tax i.d. number, pass qualifying exams and don't have to complete these yearly education requirements. however, all of the taxpayers can still volunteer to do all of the above. that is who you want to go to. >> they still are to get that tax i.d. number, but they don't have to meet education requirements. they don't have a pass a competency test. these are nonprofessionals. so we're not talking about...
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Feb 5, 2013
02/13
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the senators produce the tax vote and boehner can't produce his caucus. you call their bluff and say, okay. we agree with you. let's go pass this stuff. it won't happen. >> in a political way, having eric cantor go out there and be out front on this. john boehner has to be thinking, i don't have to look over my shoulder and see if this guy is going to knife me as a tea party guy. >> you have paul ryan saying a few things. that's the big challenge here is the paul ryanism is what we're talking about here and jindal and now cantor are saying this obsession with government spending about reforming these policies, probably not the best idea. we need to focus more on -- and the love of paul rye san getting in the way of that. >> who is the leader of the republican party in when someone asks that, what do you say? >> john boehner as the speaker. >> technical leader. >> he is the leader right now. he's the only guy who has power in washington. >> all right. stick around. i want to talk about our breaking news that we have on this network having to do with those
the senators produce the tax vote and boehner can't produce his caucus. you call their bluff and say, okay. we agree with you. let's go pass this stuff. it won't happen. >> in a political way, having eric cantor go out there and be out front on this. john boehner has to be thinking, i don't have to look over my shoulder and see if this guy is going to knife me as a tea party guy. >> you have paul ryan saying a few things. that's the big challenge here is the paul ryanism is what...
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he says pass a law stopping the payroll taxes from going into the general fund. sometimes those guys just every pass. mark says the age for social security needs to be raised. that is the only way to solve it. finally, the lunchbox cops are targeting fried foods. cafeterias will no longer serve 100,000 workers fried chicken, concise, fried fish, and help these workers cope, the usda has hired a full-time dietitian on site. of course, we were paying for it is taxpayers. here is the best part. this whole plan is only for a few buildings. if workers want some french fries, they just have to walk a block to the energy department where the french writers are still bubbling. that is my "two cents more". that is all we have for tonight. we will see you back tomorrow. lou: good evening, everybody. the president today spending political capital by the bucket full. pushing hard for gun control. despite the fact that the murder rate in america has dropped to a 50 year low. he called for more and higher taxes, despite the fat federal spending is out of control. today, the do
he says pass a law stopping the payroll taxes from going into the general fund. sometimes those guys just every pass. mark says the age for social security needs to be raised. that is the only way to solve it. finally, the lunchbox cops are targeting fried foods. cafeterias will no longer serve 100,000 workers fried chicken, concise, fried fish, and help these workers cope, the usda has hired a full-time dietitian on site. of course, we were paying for it is taxpayers. here is the best part....
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Feb 8, 2013
02/13
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the gas tax. give us the numbers. >> well, we do have a problem with infrastructure in america. you heard the secretary's comments and you're right. only 6% of the stimulus money was spent on infrastructure, and the rest was spent on things that didn't help much. so we have a problem and it's the gasoline tax on a state of decline because of inflation, alternative fuels and cafe standards and so forth, and we have the most congested area in america, northern virginia. so we're trying to build infrastructure. the gas tax is going to keep declining so we're suggesting let's get rid of and it replace it with a sales tax that froze with the economy. >> let's tell the viewers the numbers. the virginia gas tax is 17-1/2 cents per gallon. nationwide it's 18.4. you're saying eliminate the 17-1/2 sentences per gallon state sales tax and add .08% on sales of everything. is that right? >> that's right. what happens is we're not the lowest gas prices in the country, everybody is going to want to buy gas in vi
the gas tax. give us the numbers. >> well, we do have a problem with infrastructure in america. you heard the secretary's comments and you're right. only 6% of the stimulus money was spent on infrastructure, and the rest was spent on things that didn't help much. so we have a problem and it's the gasoline tax on a state of decline because of inflation, alternative fuels and cafe standards and so forth, and we have the most congested area in america, northern virginia. so we're trying to...
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Feb 6, 2013
02/13
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would you be for taxes? no. then ronald reagan would never have been someone you would have voted for. there's this purity test that republicans have now for some reason. he came to the table and got things accomplished. not everything he wanted. he didn't have to give up some of his conservative believes and values. >> i think that on the republican side, we heard people say they don't want to think about compromise. i remember boehner did an interview where he was afraid to use the word compromise. so hogan probably needs to advise some colleagues on the republican party. they don't think of themselves as liberal. it's easy to kovrp miez. most republican voters think of themselves as conservatives. most of them can't reach a deal. john boehner don't view the compromise as a dirty word on some lefrl. and that's the big challenge that hogan talked about. >> thank you both fwr your time tonight. and we'll keep watching the republicans doing what they're doing. you want change? wait until you see who's now support
would you be for taxes? no. then ronald reagan would never have been someone you would have voted for. there's this purity test that republicans have now for some reason. he came to the table and got things accomplished. not everything he wanted. he didn't have to give up some of his conservative believes and values. >> i think that on the republican side, we heard people say they don't want to think about compromise. i remember boehner did an interview where he was afraid to use the word...
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Feb 1, 2013
02/13
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you have to get in the back of the line and pay taxes. we don't know what kinds of fines they are going to have to pay. two different talks here of amnesty. ann coulter is on the rational review side. she said some were democratic voters. who is going to win this argument in the republican are party. do the democrats need all of the republicans? they just need some. >> it should be fascinating to watch. into the storm goes marco rubio. we are going to find out a lot in the cone teflt text of his aguilt to weather the storm. if he can't rally people to a great cause. he goes into the storm now with conservatives and republicans about to have a important debate about the future of our party.
you have to get in the back of the line and pay taxes. we don't know what kinds of fines they are going to have to pay. two different talks here of amnesty. ann coulter is on the rational review side. she said some were democratic voters. who is going to win this argument in the republican are party. do the democrats need all of the republicans? they just need some. >> it should be fascinating to watch. into the storm goes marco rubio. we are going to find out a lot in the cone teflt text...
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Feb 8, 2013
02/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> if speaker john boehner wins his budget battle with the president, then who would be the real losers? well, there's 70,000 poor children who could lose their access to head start. there's 600,000 women and children who could lose their nutritional assistance. there's 125,000 families who could lose their permanent housing. 100,000 formerly homeless people who could end up back on the streets. over 7,000 people suffering from hiv and aids could lose their medication. and then there's the legions of senior citizens who would lose 4 million meals delivered through the meals on wheels program, and that is just a partial list of the damage that speaker boehner and his mirthless band of
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> if speaker john boehner wins his budget battle with the president, then who would be the real losers? well, there's 70,000 poor children who could lose...
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Feb 6, 2013
02/13
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but coming up with a limited package of spending cuts and tax reforms. nearly $1 trillion of domestic and defense spending hanging in the balance, the president said the impact is already being felt. >> we've also seen the effects of political dysfunction can have on our economic progress. the drawn out process for resolving the fiscal cliff hurt consumer confidence. the threat of massive automatic cuts have already strt r staart affect business decisions. so while it's critical to cut wasteful spending, we can't just cut our way to prosperity. there is no reason that the jobs of thousands of americans who work in national security or education or clean energy, not to mention the growth of the entire economy should be put in jeopardy just because folks in washington couldn't come together or eliminate a few special interest tax loopholes or government programs that we agree need some reform. >> house speaker john boehner responded with a statement reading "republicans have twice voted replace these arbitrary cuts with common-sense cuts and reforms that p
but coming up with a limited package of spending cuts and tax reforms. nearly $1 trillion of domestic and defense spending hanging in the balance, the president said the impact is already being felt. >> we've also seen the effects of political dysfunction can have on our economic progress. the drawn out process for resolving the fiscal cliff hurt consumer confidence. the threat of massive automatic cuts have already strt r staart affect business decisions. so while it's critical to cut...
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Feb 5, 2013
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republicans said the government got additional revenue with last year's tax agreement which raised tax rates on families making more than 450,000 a year and limited or phased out deductions for income over 300,000. in a statement john boehner said any tax loopholes we close should be used to lower rates for all taxpayers so we can be more xret ticompetitive and cree jobs. he reminded the whitous is missing the monday deadline for submitting a budget. >> it is going to be late. some say it could be as long as a month late. i think that's too bad. our economy could use some presidential leadership right now. >> house republicans want to force the president to submit a budget that would balance in 10 years. >> they hope to pass it in march unless they come up with a deficit reduction agreement before that. it would hurt readiness maintenance and training and make it difficult for the u.s. to respond to global crises. >> it would bite hard no question. wendell, thanks. >> it's not the kind of news wall street was looking for today. stocks had the worst day of the year. the dow dropped 130
republicans said the government got additional revenue with last year's tax agreement which raised tax rates on families making more than 450,000 a year and limited or phased out deductions for income over 300,000. in a statement john boehner said any tax loopholes we close should be used to lower rates for all taxpayers so we can be more xret ticompetitive and cree jobs. he reminded the whitous is missing the monday deadline for submitting a budget. >> it is going to be late. some say it...
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Feb 5, 2013
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more taxes to avoid sequester cuts. we'll get reaction from the fox all-stars when we return. n't drr operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations, or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic reactions such as tongue or throat swelling occur rarely and may be fatal. side effects may include unpleasant taste, headache, dizziness, and morning drowsiness. ask your doctor if lunesta is right for you. then find out how to get lunesta for as low as fifteen dollars at lunesta.com. there's a land of restful sleep. we can help you go there on the wings of lunesta. they're about 10 times softer and may have surface pores where bacteria can multiply. polident kills 99.99% of odor caus
more taxes to avoid sequester cuts. we'll get reaction from the fox all-stars when we return. n't drr operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations, or confusion. in depressed patients, worsening of depression, including risk of suicide, may...
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Feb 2, 2013
02/13
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think they will get into the details in terms of the hurdles that remain from taking this legislative tax out of the five-page document, a very detailed legislative -- >> [laughs] >> a bit of a truce bomb. taking this five page document into a very detailed legislative policy. there are going to be a number of -- this bill could be several hundred pages long, and we are talking about a very sweeping change, not just to the immigration system, but how we deal with them. how they actually do that and the hurdles, it will be interesting to see. >> you pointed out that this is one of the biggest debates. >> remember what happened then. this blew up in the senate after a big push by the bush administration and the bipartisan coalition trying to get this through. it suffered opposition from both sides, particularly the right, creating an amnesty, but we have seen some of those voices muted, at least in the initial days, and we will see. >> this gang of eight, four republicans, four democrats, who put together this framework, this immigration bill, how did we find out that the gang exists? >> ta
think they will get into the details in terms of the hurdles that remain from taking this legislative tax out of the five-page document, a very detailed legislative -- >> [laughs] >> a bit of a truce bomb. taking this five page document into a very detailed legislative policy. there are going to be a number of -- this bill could be several hundred pages long, and we are talking about a very sweeping change, not just to the immigration system, but how we deal with them. how they...
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Feb 7, 2013
02/13
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instead here we are again and the president says no, we've got to raise taxes. and the same strategy vilify the rich and i suppose don't raise the taxes on the rich and people are happy to do that and that the republicans want to cut programs that try, why would anyone who is in these programs or thinks he might have this program why would that ever be appealing to go the republican way. >> and first of all, we understand that the president is not led on this issue and there's no response whatsoever, and just raising taxes and to say that you can tax the rich and get rid of the problem it's fictional. and i believe we're for fiscal discipline, managing down the debt and deficit for a reason because we don't want a debt crisis to implode this country and our economy because if you see interest rates jack up because all of a sudden our debt is unsustainable. that means families will have to pay more every month in their mortgage and eventually see taxes go up even further because we have to pay off more debt. >> greta: how do you get that message out to the americ
instead here we are again and the president says no, we've got to raise taxes. and the same strategy vilify the rich and i suppose don't raise the taxes on the rich and people are happy to do that and that the republicans want to cut programs that try, why would anyone who is in these programs or thinks he might have this program why would that ever be appealing to go the republican way. >> and first of all, we understand that the president is not led on this issue and there's no response...
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. >> health care, taxes, the economy. >> that takes time to explain to people. >> the republican party just isn't there. >> washington has to deal with its spending problem. >> that may take more than one election cycle. >> i've had enough of it. it's time to act. >> get used to this new word. >> the sequester. >> the sequester. >> the sequester. >> i don't like the sequester. >> something so terrible. >> dogs and cats living together, mass hysteria! >> slow down. >> we've got immigration, gun control, electoral changes. >> it's time for them to exert a little leadership. >> we have to identify our principles. that takes time to explain to people. >> i've had enough of it. it's time to act. >>> john boehner announced today that marco rubio will deliver the republican response to president obama's state of the union address on tuesday. rubio aides are busy trying to spread the nonsense that he will write his own speech. senator rubio did an interview with buzz feed last night while drinking beer, a necessary proof to political reporters that you're a regular guy. >> what we have to do i
. >> health care, taxes, the economy. >> that takes time to explain to people. >> the republican party just isn't there. >> washington has to deal with its spending problem. >> that may take more than one election cycle. >> i've had enough of it. it's time to act. >> get used to this new word. >> the sequester. >> the sequester. >> the sequester. >> i don't like the sequester. >> something so terrible. >> dogs and...
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way to reduce the deficit, but americans do not support sacrificing any real spending cuts for more tax hikes. the white house believes house republicans, who have warmed up to the idea of letting the sequester take effect, may get a wake-up call as they continue to see those -- the economy contract, that the fourth quarter numbers will be a wake-up call. the president pointed out yesterday that those cuts in defense spending caused the economy to shrink at the end of 2012. >> we've been reminded that while it's critical for us to cut wasteful spending we can't just cut our way to prosperity. deep, indiscriminate cuts to things like education and training, energy and national security will cost us jobs. >> new numbers from the congressional budget office may provide some ammunition. the cbo projects the economy will grow at a measly rate of 1.4% this year and 3.4% next year. the cbo forecast is correct, 2014 will be the sixth consecutive year with unemployment above 7.5%, but expect to hear from republicans about another big number in that report, and although the federal deficit will d
way to reduce the deficit, but americans do not support sacrificing any real spending cuts for more tax hikes. the white house believes house republicans, who have warmed up to the idea of letting the sequester take effect, may get a wake-up call as they continue to see those -- the economy contract, that the fourth quarter numbers will be a wake-up call. the president pointed out yesterday that those cuts in defense spending caused the economy to shrink at the end of 2012. >> we've been...
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. >> i believe they should at least pass a smaller package of spending cuts and tax reforms. >> i think the sequester's going to happen. >> washington desperately needs some adult leadership. >> talking like adults. let's get this country back on the mother [ bleep ] track. oh yeah! >> the president and the first lady are kind of like the mom and the dad of the country. >> there isn't any resistance to obama anywhere. >> at some point washington has to deal with its spending problem. >> and when your dad says something, you listen. and when you don't, it usually bites you in the [ bleep ] later on. >> i've had enough of it. it's time to act. ♪ >>> the clock is now ticking on what many economists say is a near-certain double dip recession if more than a trillion dollars in automatic spending and defense cuts are allowed to occur at the beginning of next month. and while the president is busy running the government, today nominating a new candidate for the interior department. and yesterday pleading for action to prevent the so-called sequester, republicans have been out front telling a
. >> i believe they should at least pass a smaller package of spending cuts and tax reforms. >> i think the sequester's going to happen. >> washington desperately needs some adult leadership. >> talking like adults. let's get this country back on the mother [ bleep ] track. oh yeah! >> the president and the first lady are kind of like the mom and the dad of the country. >> there isn't any resistance to obama anywhere. >> at some point washington has to...